$725,000

831 Rio Chico Way Chico, CA 95928

$8,609
Closing credit¹
0.2 acres
Multi-Family

Property details

About 831 Rio Chico Way

Nestled in a highly sought-after location just steps from Chico State University, vibrant downtown Chico, and a variety of local amenities, this charming duplex presents an incredible investment opportunity. Whether you're looking to generate extra income or expand your real estate portfolio, this property offers two well-appointed units designed for both comfort and convenience. Each unit boasts a private entrance, ensuring privacy for tenants, along with a thoughtfully designed kitchen featuring bar seating—perfect for casual dining. The spacious living areas are filled with natural light streaming through numerous windows, highlighting the early 1900s charm that makes this property truly unique. The generously sized bedrooms provide a cozy retreat, while ceiling fans throughout enhance comfort year-round. Additional features include a shared laundry area, private front decks for each unit, a large backyard ideal for relaxation or entertaining, 8 parking spaces for each tenant and the modern convenience of central heating and air. Whether you're a seasoned investor or just starting your journey in real estate, this is a rare chance to own a classic Chico property with both character and income potential. Don’t miss out—seize this opportunity to invest in one of Chico’s most desirable locations today!

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.17 Acres
Year built1905
ParkingOn Site
MLS #SN25033118
ViewNeighborhood

Summary

  • MLS Number: SN25033118
  • MLS Name: CRMLS
  • Office Name: Re/Max of Chico
  • Office Phone: (530) 896-9300
  • Listing Agent: Nicholas Jackson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring a balcony and a porch

$725,000

831 Rio Chico Way

$8,609

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$458,756$5,073
2023$449,762$5,013
2022$440,944$4,933
2021$432,299$4,840
2020$427,868$4,827
2019$419,480$4,657
2018$411,256$4,657
2017$403,193$4,562

History based on county public records data.

Nearby schools

6

Rosedale Elementary School

Public District KG-5

0.3 mi

100 Oak St

4

Citrus Elementary School

Public District KG-5

0.8 mi

1350 Citrus Ave

7

Emma Wilson Elementary School

Public District KG-5

1.2 mi

1530 W 8th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,241. Typical income of Chico, CA residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

60%
<35k
19%
35k-100k
21%
100k-200k
0%
200k+

What level of education do the neighbors have?

Post Secondary Degree

What types of families live nearby?

99%
Single, No Kids
0%
Single, with Kids
1%
Married, No Kids
0%
Married, with Kids

Are the neighbors home owners or renters?

Renters

How old are people in this area?

0%
<11 yrs old
0%
12-17 yrs old
98%
18-34 yrs old
1%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 831 Rio Chico Way in Chico, CA and zip code 95928. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $725,000.

Over 16 listings were sold over their listed price in March 2025 in Chico, CA. In the same period over 24 listings were sold below the listed price and 19 listings were sold for the listed price. The inventory of homes for sale in Chico, CA between February and March 2025 increased by 5.4%. The median list price of listings available in March 2025 was $469,109, while the average time on the real estate market was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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